LNG links NYK to Qatar 
NYK has inked a long-term time-charter contract with Qatar Energy, the monarchy’s state energy company, for seven LNG carriers. The new sister vessels will be equipped with an X-DF 2.1 iCER and air lubrication system, both of which will contribute to a reduction of GHG emissions... plus
Investments in South Carolina Ports
Works to upgrade of the Wando Welch Terminal at the Port of Charleston (South Carolina Ports) are coming to a close. The fifteenth and final crane was recently moved into position along the waterfront. With five cranes to a berth, Wando Welch Terminal is now capable of... plus
Russia's fifteen projects in the Far East
According to information from the Russian news agency Tass, Russia’s Far Eastern seaports will be expanded. As statistics showed, the current annual cargo turnover of seaports in the Far Eastern Basin amounted at 131.2 million t (down 0.9% compared to the year before). It is... plus
Hydrogen for luxury fashion in Venice
In Venice, Nippon Express Italia (NX Italy) has launched an eco-friendly delivery service using hydrogen-powered primarily to luxury fashion shops. These boats are equipped with removable hydrogen generators, and they emit far less carbon than gasoline and diesel engines. To... plus
Wan Hai: more profit, new vessels
The Taiwan-based carrier Wan Hai saw its profits rise in Q2/2022 and is now investing in the expansion of its fleet. The liner's net profit rose to USD 1 billion in the second quarter, a significant uptick of almost 59% compared Q2/2023. Nevertheless, profits declined by 26%... plus
Towing them with biofuels
Automotive carrier UECC is entering into a new partnership for decarbonisation with Svitzer, a subsidiary of AP Moller-Maersk. The companies have inked a three-year contract for Svitzer’s Eco Tow product that will see biofuels introduced on Svitzer tugboats performing towage... plus
Lübeck on a stable track
Lübecker Hafen-Gesellschaft (LHG) saw its business stabilise in H1/2022. Although the company's total throughput declined moderately by 2% to 11.7 million t, its core business (ro-ro and intermodal transport) improved. Above all, LHG was able to set off the negative effects... plus
Hamburg attracts more containers
Better than expected: container throughput in Port of Hamburg showed a positive trend in H1/2022. 4.4 million teu were handled, about 1% more than in H1/2021. In the first six months of 2022, 117 ultra large container ships (ULCS) took advantage of the navigational channel... plus
MSC adds service to West Africa
Swiss carrier MSC launched a new service to Guinea Bissau in West Africa. Every two weeks, the service will carry imports and exports to and from the destination via MSC's transhipment hub Las Palmas in the Canary Islands. This hub offers connections to trade partners... plus
ZIM: best half-year results so far 
The shipping group ZIM has published its consolidated results for Q2/2022. Volumes carried went down by 7% year-on-year to 856,000 teu (Q2/2021: 921,000 teu). H1/2020 saw 1.72 million teu handled compared to 1.74 million in H1/2021. The average freight rate per teu over the... plus